finance

Bank Muscat Achieves Remarkable Growth with RO159mn Net Profit for the First Nine Months of 2023

Bank Muscat has reported a commendable 7.1% year-on-year growth in net profit for the first nine months of 2023, totaling…

2 years ago

Omantel’s Strategic Financial Moves; Postponement of Sukuk Issuance and Bridge Loan Acquisition

Omantel's recent financial moves, including the postponement of the Sukuk issuance and the acquisition of a bridge loan, have caught…

2 years ago

Trudeau’s Policy Pivot; The Canadian Carbon Price Suspension and Its Implications

Prime Minister Justin Trudeau's suspension of the carbon tax on home heating oil in Canada's eastern provinces demonstrates a significant…

2 years ago

Renowned infrastructure investor joins metrofibre

Renowned infrastructure fund manager DIF Capital Partners has acquired a majority stake in metrofibre. The investment of the renowned financial…

2 years ago

Unlocking Business Success Through Digital Solutions in Canada

In Canada, the future of business growth hinges on various factors, including digital transformation, innovation, green economy initiatives, global trade…

2 years ago

Football World Grapples With Response to Israel-Palestine Conflict

In a world where sports and politics often intersect, the recent Israel-Palestine conflict has posed a challenging question to the…

2 years ago

Akasa Air Takes Flight; Nod for International Operations to Saudi Arabia, Kuwait, and Qatar

In a groundbreaking move, Akasa Air has received the government's approval to extend its flight operations beyond India's borders, signaling…

2 years ago

Growing Appetite for Home-Grown Olive Oil Drives Australian Producers’ Success

In a delightful turn of events, Australian olive oil is experiencing a resurgence in popularity driven by surging international prices.…

2 years ago

Cyclone Tej Threatens Oman’s Dhofar Region; Authorities Prepare for Impact

The Sultanate of Oman is facing a formidable challenge with Cyclone Tej, which has intensified into a Category 3 storm…

2 years ago

Omani Banks Receive Fitch Ratings Upgrade; A Positive Turn for the Banking Sector

Fitch Ratings has recently upgraded five major Omani banks' long-term issuer default ratings (IDRs). Bank Muscat, BankDhofar, NBO, Ahlibank, and…

2 years ago